Featured
Vår Energi and TechnipFMC seal alliance for new subsea projects
The Gjøa Nord, Cerisa and Ofelia discoveries contain up to 110 million barrels of oil equivalent.
Oil and Gas
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Venture Global and PETRONAS seal 20-year LNG deal
The new commitment is in addition to the existing agreement for Plaquemines LNG.
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TotalEnergies strengthens its presence in Suriname with new agreement in Block 53
The Baja-1 discovery will be developed with GranMorgu's infrastructure, maximizing resources between blocks 53 and 58.
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Danos secures contract to operate Shenandoah platform
The platform is expected to start producing crude oil at full capacity in late summer 2025.
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Equinor drives third phase of Johan Sverdrup, Norway’s largest oil field
One out of every three barrels of oil extracted in Norway comes from the Johan Sverdrup field.
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Velesto obtains PTTEP drilling contract with its NAGA 5 rig
The assignment of the NAGA 5 platform is part of the group's strategy to maximize the utilization of its fleet.
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Tower Resources expands financing to advance drilling in Cameroon
The financial extension will allow Tower Resources to move forward with contracting services and logistical preparations related to the NJOM-3 well.
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KR announces first boil-off gas recycling demonstration
This process converts the evaporated gas into usable city gas. During the construction of a container ship in South Korea, they succeeded in converting LNG vapors…
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Equinor announces oil discovery in Johan Castberg field
This new accumulation, estimated between 9 and 15 million barrels, is in addition to the base volume of the field, whose initial potential was estimated between…
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DOF secures two new offshore contracts with Petrobras in Brazilian waters
Brazil's Petrobras chooses DOF Group ASA to expand operations with two vessels in the market.
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UK court orders liquidation of 3 refineries of Prax Group
The court approves the judicial dissolution of three key companies of the Prax Group following the request of the Official Receiver.
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ADNOC Drilling secures $800 million contract for oilfield services
The deployment of advanced technologies, coupled with a strategy focused on sustainable performance, positions ADNOC Drilling as a key player in the future of efficient oil…